The Poultry Diagnostics Market Is Predicted To Reach USD 472.2 Million With A CAGR Of 10.5% According To Market Data Forecast Report.

The Poultry Diagnostics Market Is Predicted To Reach USD 472.2 Million With A CAGR Of 10.5% According To Market Data Forecast Report.

ID: 6801 | April 2018 | Region: Global


The Poultry Diagnostics Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Poultry Diagnostics Market is estimated to be USD 286.3 million in 2016 and predicted to rise to USD 472.2 million by 2021 with a CAGR of 10.5%. The market is segmented by Test Type (ELISA Test, PCR Test), Disease Type (Avian Salmonellosis, Avian Influenza, Newcastle Disease, Avian Mycoplasmosis, Infectious Bronchitis, Infectious Bursal Disease, Avian Pasteurellosis, Avian Encephalomyeilitis, Avian Reovirus, Chicken Anaemia), and Services (Virology, Bacteriology, Parasitology). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Increasing incidence of zoonotic diseases associated with poultry, growing consumer awareness regarding food safety in addition to growing awareness regarding animal health are the major factors driving the growth of market. Growing livestock population every day, increasing animal healthcare expenditure in developed and emerging regions, increasing consumption of poultry products, their derivatives, meat also assist in growth of market. Nonetheless, increasing feed costs, expensive production, lack of awareness regarding health of animals in some regions, and disputes regarding trades in poultry industry may confine the growth of market.

Bacteriology segment holds the major share in the market in terms of service due to regular bacterial testing on poultry to prevent the spread of zoonotic diseases like salmonellosis, pasteurellosis and mycoplasmosis. ELISA Test is the most widespread one in terms of test type.

North America is leading the market while Europe is at second place due to favourable government regulation regarding animal health and wide adoption rate. Asia Pacific is expected to grow the fastest due to huge poultry population in this region, growing demand for poultry derived products, and increasing awareness regarding animal health.

Some of the key players dominating this market include IDEXX Laboratories, QIAGEN, Thermo Fisher Scientific, Zoetis, GD Animal Health, IDVet, AffiniTech, AgroBioTek Internacional, BioNote, BioChek, Boehringer Ingelheim, MEGACOR Diagnostik GmbH, and BioinGentech Biotechnologies.

Browse through the full report at https://www.marketdataforecast.com/market-reports/poultry-diagnostics-market-3068/   Poultry Diagnostics Market and checkout our recent reports in the Animal Health at https://www.marketdataforecast.com/subcategory/animal-health-6/ For more insights and up-to-date industry news don’t forget subscribing to our newsletters.

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